Chicago, IL 60619,7401 S Wabash AVE
Chicago, IL 60619,7401 S Wabash AVE
Chicago, IL 60619,7401 S Wabash AVE
Chicago, IL 60619,7401 S Wabash AVE
Chicago, IL 60619,7401 S Wabash AVE
Chicago, IL 60619,7401 S Wabash AVE
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$1,579,000

$1,575,000

0.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/20/2021

Key Details

Sold Price $1,579,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10579193

Sold Date 08/20/21

Maintenance Fees $100

Year Built 1929

Annual Tax Amount $11,050

Tax Year 2018

Lot Dimensions 10787

Property Sub-Type Multi Family 5+

Property Description

Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Water to Site

Building

Level or Stories 2

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Anthony Golob • Halsted Taylor Real Estate
Bought with Anthony Golob • Halsted Taylor Real Estate
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1941 N Elston Ave, Chicago, IL, 60642, USA

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